Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.76% | -0.55 | 2.31% |
| Return on Equity (%) | ▼ | 16.15% | -5.49 | 21.64% |
| Net Interest Margin (%) | ▼ | 5.09% | -0.19 | 5.28% |
| Efficiency Ratio (%) | ▼ | 58.09% | +9.24 | 48.85% |
| Pre-Provision Profit ($M) | ▼ | $2 | -0.26 | $2 |
| Cost of Funds (%) | ▲ | 2.23% | -0.25 | 2.48% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $334 | +23.29 | $311 |
| Gross Loans ($M) | ▲ | $314 | +21.76 | $292 |
| Loan Growth YoY (%) | ▲ | 112.25% | +1.06 | 111.19% |
| Total Deposits ($M) | ▲ | $277 | +16.74 | $261 |
| Shareholders Equity ($M) | ▲ | $35 | +1.84 | $34 |
| Tang. Book Value ($M) | ▲ | $35 | +2.04 | $33 |
| Loan / Deposit Ratio (%) | ▲ | 112.25% | +1.06 | 111.19% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.59% | -0.16 | 0.75% |
| Allowance / Loans (%) | — | 0.91% | 0.01% | 0.90% |
| Net Charge-Off Ratio (%) | ▲ | 0.62% | -0.17 | 0.80% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▄▄█▆▆▅▁▁ | Net Interest Margin (%) | 5.20% | 5.18% | 5.35% | 5.28% | 5.26% | 5.23% | 5.07% | 5.09% |
| █▇███▆▁▂ | Return on Assets (%) | 2.30% | 2.18% | 2.33% | 2.31% | 2.29% | 2.14% | 1.63% | 1.76% |
| ▃▅▁▁▂▄██ | Efficiency Ratio (%) | 50.8% | 53.0% | 47.7% | 48.9% | 49.7% | 52.8% | 57.0% | 58.1% |
| █▆▃▅▇▅▂▁ | Cost of Funds (%) | 2.68% | 2.52% | 2.34% | 2.48% | 2.57% | 2.48% | 2.28% | 2.23% |
| ▂▁▁█▃▂▂▇ | NPA / Assets (%) | 0.20% | 0.15% | 0.07% | 0.75% | 0.25% | 0.19% | 0.17% | 0.59% |
| ▂▁▁█▃▂▂▇ | Net Charge-Off Ratio (%) | 0.20% | 0.16% | 0.08% | 0.80% | 0.26% | 0.21% | 0.18% | 0.62% |
| ▃▁▃▅▇█▆█ | Tang. Book Value ($M) | $31 | $30 | $32 | $33 | $34 | $35 | $34 | $35 |
| ▁▁▂▄▆▄▆█ | Gross Loans ($M) | $272 | $274 | $281 | $292 | $300 | $292 | $299 | $314 |
| ▂▁▃▃▇███ | Total Deposits ($M) | $256 | $252 | $262 | $261 | $274 | $278 | $281 | $277 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 54% |
| C&I / Commercial | 13% |
| Agricultural | 30% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 18% |
| Interest-Bearing (core) | 62% |
| Brokered / Other | 19% |